Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

A simple, straightforward analysis of economic fallacies that are so prevalent they have almost become a new orthodoxy.

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Long before Charles Murray took on the topic, Henry Hazlitt wrote an outstanding book on poverty that not only provided an empirical examination of the problem but also presented a rigorous theory for understanding the relationship between poverty and income growth. He examines poverty in the ancient world, the poor laws of England, the advance of the middle class in the United States, the failure of welfare programs, the fallacies associated with income redistribution, and the relationship between population and poverty. Its 20 chapters are outstanding essays that make for a well-integrated text on the topic, one which holds up as prophetic in every way, having foreshadowing welfare reform but also pointing the way toward even more radical reforms. The way out of poverty, he explains, is freedom, and freedom alone.

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Here is Hazlitt's major philosophical work, in which he grounds a policy of private property and free markets in an ethic of classical utilitarianism, understood in the way Mises understood that term. In writing this book, Hazlitt is reviving an 18th and 19th century tradition in which economists wrote not only about strictly economic issues but also on the relationship between economics and the good of society in general. Adam Smith wrote a moral treatise because he knew that many objections to markets are rooted in these concerns. Hazlitt takes up the cause too, and with spectacular results. Hazlitt favors an ethic that seeks the long run general happiness and flourishing of all. Action, institutions, rules, principles, customs, ideals, and all the rest stand or fall according to the test of whether they permit people to live together peaceably to their mutual advantage. Critical here is an understanding of the core classical liberal claim that the interests of the individual and that of society in general are not antagonistic but wholly compatible and co-determinous. In pushing for "rules-utilitarianism," Hazlitt is aware that he is adopting an ethic that is largely rejected in our time, even by the bulk of the liberal tradition. But he makes the strongest case possible, and you will certainly be challenged at every turn.

Way to Will-Power
By Henry Hazlitt
Contents
I--A Revelation
II--The Intellect as a Valet
III--The Price One Pays
IV--Old Bottles for the New Wine
V--Resolutions Made and Resolutions Kept
VI--Success and the Capital "S"
VII--The Scale of Values
VIII--Controlling One's Thoughts
IX--The Omnipresence of Habit
X--The Alteration of Habit
XI--Will and the Psychoanalysts
XII--Concentration
XIII--A Program of Work
XIV--The Daily Challenge
XV--Second and Third Winds
XVI--Moral Courage
Excerpt
YOU have seen the advertisements. The lion and the man are facing each other; the man upstanding, hands clenched, his look defiant and terrible; the lion crouching. Who will win? The man, without doubt. He has what the beast lacks, Will-Power.
And at the bottom of the page is the triangular clipping which you cut out and send for the book on how to acquire it.
Or perhaps the advertisement promises you a $10,000 a year position. Nothing less than $10,000 a year seems capable of attracting the present-day reader of twenty-cent magazines. And those positions, one learns, are reserved for the men of Will-Power (not forgetting the capitals).
The advertisements betray bizarre ideas about the will and will-power. Any one who has the remotest notion of psychology might be led from them to suspect the advertised course. But the advertisements reflect not alone the advertiser's ideas, but the ideas of the plain man. they are written to catch the plain man's eye, and they do catch his eye, else how account for their persistence, their enlargement, and their multiplication, notwithstanding the notorious expensiveness of advertising?
Now I am about to reveal a profound secret about the will. The revelation will cause a good deal of shock and disappointment and a bedlam of protest. However, I derive courage to meet the protest because I have an imposing body of psychologic opinion behind me. I have behind me most of the reputable pscyhologic opinion since Herbert Spencer. And so here it is:
The will does not exist.
I repeat it, lest you fancy there has been a misprint. There is no such thing as the will. Nor such a thing as will-power. These are merely convenient words.
Now when a man denies the existence of the will he is on dangerous ground. It is as if he were to deny the existence of the tomato. Yet I do...
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Windham Press is committed to bringing the lost cultural heritage of ages past into the 21st century through high-quality reproductions of original, classic printed works at affordable prices.
This book has been carefully crafted to utilize the original images of antique books rather than error-prone OCR text. This also preserves the work of the original typesetters of these classics, unknown craftsmen who laid out the text, often by hand, of each and every page you will read. Their subtle art involving judgment and interaction with the text is in many ways superior and more human than the mechanical methods utilized today, and gave each book a unique, hand-crafted feel in its text that connected the reader organically to the art of bindery and book-making.
We think these benefits are worth the occasional imperfection resulting from the age of these books at the time of scanning, and their vintage feel provides a connection to the past that goes beyond the mere words of the text.

This is a new release of the original 1947 edition.

This is a new release of the original 1959 edition.